Government Incentives and tariffs

There are two main types of government incentives offered that reduce the cost of solar power to the consumer.

These are:

Capital incentives such as Renewable Energy certificates (RECs) and STCs that reduce the upfront cost of a system.

Production Incentives such as a Feed in Tariff that pay money for the electricity that is generated by a solar power system.

In most states both Capital incentives and Production incentives are still available to significantly reduce the cost of a solar power system making it an attractive investment.